Harrisburg’s reefer outbound tender rejection rate has fallen from 25% on November 20 to 20% this past weekend.īrokers: Pad margins on loads moving in this lane.
Columbia’s reefer outbound tender rejection rate increased from 40.37% on November 21 to 72.3% this past weekend.
Spot rates for refrigerated loads have increased 30 cents per mile since last Wednesday in this lane.
Overview: Spot rates for reefer loads jumping out of Columbia. Spot shippers should use the highway rather than rail intermodal in light of the elevated intermodal spot rates.ĬOLUMBIA (South Carolina) to HARRISBURG (Pennsylvania) Shippers: Prior to Thanksgiving, domestic intermodal volume in the lane reached its highest level since February, which suggests that intermodal shippers with contracts in place are more likely to see satisfactory service levels. SONAR shows that the Atlanta freight market is roughly balanced with inbound and outbound demand the Atlanta Van Headhaul Index is -4. The Atlanta van outbound tender rejection rate of 19.36% is 343 basis points below the national van tender rejection rate. When bidding on capacity, keep in mind that the current TRAC/Market Dashboard buy rates, including fuel, are a range of $3.40/mile to $3.74/mile, for rates in the 33rd and 67th percentiles, respectively, with an average spot rate of $3.53/mile.Ĭarriers: Before accepting tendered loads to Atlanta, carriers may want to look for loads to a tighter freight market. Therefore, prioritize covering loads in the lane this week.
The van tender rejection rate in the lane is 19.1% which is roughly in line with the national van tender rejection rate and is 370 basis points higher than the rejection rate for all outbound Los Angeles van loads.īrokers: Loads in this lane may be harder to cover immediately following the Thanksgiving weekend as capacity gradually heads back to the Los Angeles market.
Therefore, spot shippers have no reason to use rail intermodal in the lane.
Meanwhile, the door-to-door intermodal spot rate in the lane is $4.18/mile, also including fuel surcharges.
Given the high density of data from loads with similar characteristics, it has a lane confidence score of 5/5.
The current dry van spot rate in SONAR Market Dashboard is $3.73/mile, including fuel surcharges.
Overview: Spot rates in Market Dashboard show that spot shippers are better off using the highway rather than rail intermodal. Lanes to watchīy Zach Strickland, director, Freight Market Intelligence Also, be sure to check out the latest SONAR update, TRAC- the freshest spot rate data in the industry. For more information on SONAR - the fastest freight-forecasting platform in the industry - or to request a demo, click here. The highlights from Monday’s SONAR reports.